Campiglio, Emanuele; Dietz, Simon; Venmans, Frank - 2022
stochastic general equilibrium model with emissions abatement costs calibrated on a large energy modelling database, solved with … recursive methods. We show how capital inertia puts upward pressure on emissions and temperatures in the short run, but that …, clean technological progress, as well as uncertainty about climatic and economic factors, lead to lower emissions and …